SCHD vs ULVM
Schwab US Dividend Equity ETF vs VictoryShares US Value Momentum ETF
Which is better, SCHD or ULVM?
Each has led over a different period.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, ULVM over 3Y and 5Y. The two have moved almost in lockstep, correlation 0.92. ULVM is less concentrated, with 14.4% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SCHD | ULVM |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.20% |
| AUM | $112.1B | $263M |
| Dividend Yield | 3.00% | 1.64% |
| Holdings | 103 | 126 |
| YTD Return | +24.23%Best | +16.13% |
| 1Y Return | +27.90%Best | +21.78% |
| 3Y Return (annualized) | +15.55% | +20.91%Best |
| 5Y Return (annualized) | +9.97% | +11.85%Best |
| Volatility (annualized) | 16.1%Best | 16.9% |
| Max Drawdown | -33.4%Best | -40.8% |
| $10,000 over 5 years | $16,083 | $17,506Best |
| Top 10 Weight | 41.8% | 14.4%Best |
| Fund Family | Charles Schwab Asset Management | Victory Capital Management Inc. |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 20, 2011 | Oct 24, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Oct 26, 2017 to Sep 17, 2026 (8.9 years).
SCHD vs ULVM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.9 years both funds cover.
SCHD vs ULVM Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and VictoryShares US Value Momentum ETF (ULVM) is an ETF from Victory Capital Management Inc.. Over the past year SCHD returned +27.90% while ULVM returned +21.78%. Year to date, SCHD is up 24.23% versus a gain of 16.13% for ULVM.
Over three years, SCHD compounded at +15.55% per year against +20.91% for ULVM; over five years the annualized figures are +9.97% and +11.85% respectively. Across the full 9-year window we track, SCHD has the edge at +11.06% annualized vs +10.07%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ULVM has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 16.1% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.4% for SCHD and -40.8% for ULVM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHD charges 0.06% per year while ULVM charges 0.20%. On a $10,000 position that is $6 vs $20 annually, a gap of $14 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 1.64% for ULVM.
Holdings Overlap
19.2% of SCHD's money is in holdings ULVM also owns. 11.9% of ULVM's money is in holdings SCHD also owns.
SCHD and ULVM share little of their money.
13 positions in common, counted across the 100 positions we hold weights for in SCHD and 124 in ULVM, against full books of 103 and 126.
What only one of them owns
Our book lists 106 positions for ULVM that do not appear in our book for SCHD (85.3% of the fund), and 86 for SCHD that do not appear in ULVM (80.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in ULVM | Difference |
|---|---|---|---|
| VZVerizon Communic | 3.97% | 0.96% | 3.01% |
| BMYBristol-Myers Squibb Co. | 3.33% | 0.97% | 2.36% |
| EOGEog Resources Inc | 1.88% | 0.94% | 0.94% |
| TGTTarget Corp Common Stock Usd.0833 | 1.78% | 0.98% | 0.80% |
| UPSUnited Parcel Service, Inc | 1.90% | 0.74% | 1.16% |
| DVNDevon Energy Corporation | 1.36% | 0.72% | 0.64% |
| CINFCincinnati Financial Corp. | 0.64% | 1.26% | 0.62% |
| ADMArcher-Daniels-Midland Co. | 0.96% | 0.87% | 0.09% |
| FFord Motor Credit | 1.33% | 0.44% | 0.89% |
| SNASnap-On Inc. | 0.49% | 1.15% | 0.66% |
You are not choosing between two funds in isolation.
Whichever of SCHD and ULVM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHD or ULVM?
SCHD has an expense ratio of 0.06% while ULVM charges 0.20%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, SCHD or ULVM?
Over the past year SCHD returned +27.90% vs +21.78% for ULVM, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), SCHD annualized +11.06% vs +10.07% for ULVM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or ULVM?
ULVM has been the more volatile fund at 16.9% annualized versus 16.1% for SCHD. Worst drawdown: SCHD -33.4% vs ULVM -40.8%.
Should I hold both SCHD and ULVM?
SCHD and ULVM have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SCHD and ULVM?
19.2% of SCHD's money is in holdings ULVM also owns. 11.9% of ULVM's is in holdings SCHD also owns. They hold 13 positions in common, counted across the 100 positions we hold weights for in SCHD and 124 in ULVM.
Which pays a higher dividend, SCHD or ULVM?
SCHD yields 3.00% while ULVM yields 1.64%, so SCHD currently pays the higher dividend yield.
Is ULVM better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, ULVM over 3Y and 5Y. The two have moved almost in lockstep, correlation 0.92. ULVM is less concentrated, with 14.4% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.